Global Sodium Reduction Ingredients Market, By Product Type (Amino Acids and Glutamates, Mineral Salts, Yeast Extracts, Others), Application (Bakery and Confectionery, Condiments, Seasonings and Sauces, Dairy and Frozen Foods, Meat and Meat Products, Snacks, Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights Global Sodium Reduction Ingredients Market
The sodium reduction ingredients market is expected to witness market growth at a rate of 10.10% in the forecast period of 2022 to 2029. Data Bridge Market Research report on sodium reduction ingredients market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in health consciousness globally is escalating the growth of sodium reduction ingredients market.
Sodium reduction ingredients refer to the type of ingredients that are basically salt whose chemical composition consist of chloride and potassium. Sodium reduction is defined as the process of reduction of salt content from the food products. These ingredients are utilized for reducing salt content from the food products either by reducing the excess salt from the food products or replacing the salt from the food.
The rise in health consciousness across the globe acts as one of the major factors driving the growth of sodium reduction ingredients market. The increase in the awareness regarding health effects of excessive sodium consumption, and surge in demand for processed foods and improved efforts by food manufacturers accelerate the market growth. The high usage of the ingredients in application of confectionaries, frozen foods, bakery products, and dairy products, and improvement in government initiatives further influence the market growth. Additionally, surge in disposable income, widespread product adoption as a key ingredient in various foods and beverages, surge in disposable income and increase in prevalence of heart diseases positively affect the sodium reduction ingredients market. Furthermore, new product applications extend profitable opportunities to the market players in the forecast period of 2022 to 2029.
On the other hand, high ingredient costs and requirement of high investment for the formulation and production of other derivatives are expected to obstruct the market growth. The stringent regulations and consumer perception are projected to challenge the sodium reduction ingredients market in the forecast period of 2022-2029.
This sodium reduction ingredients market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on sodium reduction ingredients market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Sodium Reduction Ingredients Market Scope and Market Size
The sodium reduction ingredients market is segmented on the basis of product type and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product type, the sodium reduction ingredients market is segmented into amino acids and glutamates, mineral salts, yeast extracts, others. Minerals are further sub segmented into potassium chloride, magnesium sulphate, potassium lactate, and calcium chloride. While the others section is further fragmented into hydrolyzed vegetable protien, trehalose, and nucleotides.
- On the basis of application, the sodium reduction ingredients market is segmented into bakery and confectionery, condiments, seasonings and sauces, dairy and frozen foods, meat and meat products, snacks, others.
Sodium Reduction Ingredients Market Country Level Analysis
The sodium reduction ingredients market is analyzed and market size, volume information is provided by country, product type and application as referenced above.
The countries covered in the global sodium reduction ingredients market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the sodium reduction ingredients market because of the high consumer awareness regarding salt substitutes within the region. Asia-Pacific (APAC) is expected to witness growth during the forecast period of 2022 to 2029 due to the diagnosis of cardiac ailments primarily in India.
The country section of the sodium reduction ingredients market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Sodium Reduction Ingredients Market Share Analysis
The sodium reduction ingredients market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to sodium reduction ingredients market.
Some of the major players operating in the sodium reduction ingredients market report are Advanced Food Systems Inc., Angel Yeast Co. Ltd, Armor Proteines SAS, Biospringer, Cambrian Solutions Inc., Carbery Group, Cargill Inc., Dr. Paul Lohmann Gmbh KG, Du Pont, Givaudan SA, Innophos Holding Inc., Jungbunzlauer Suisse Ag, K+S Kali GMBH, Kerry Group PLC, Kudos Blends, and Novozymes among others.